Overview
- Amy Oldenburg, who spoke Tuesday at the Digital Asset Summit in New York, said Wall Street’s crypto push follows long-running infrastructure work rather than fear of missing out.
- The firm plans to enable trading of tokenized versions of stocks on its in-house alternative trading system in the second half of 2026, using the venue that already handles equities and ETFs.
- Morgan Stanley filed in January to launch the Morgan Stanley Bitcoin Trust as a spot bitcoin fund on NYSE Arca under the ticker MSBT, and the application lists Coinbase and BNY Mellon in key roles while SEC approval remains pending.
- Oldenburg said banks must upgrade decades-old pipes for settlement, clearing, and record keeping and coordinate changes across counterparties and markets to support round-the-clock trading.
- Clients who once saw only private bitcoin funds now can buy spot bitcoin ETFs on E*Trade, and the bank says activity is building even with soft token prices as it enters what it calls the early innings of institutional adoption.